Millworks Technologies IPO Details
| IPO Open Date | July 14, 2026 |
| IPO Close Date | July 16, 2026 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹315 to ₹331 Per Share |
| Issue Size | Approx ₹160.34 Crores |
| Fresh Issue | Approx ₹160.34 Crores |
| Issue Type | Book-build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Millworks Technologies IPO Review & Key Points
- Review: May Apply
Millworks Technologies IPO Market Lot
The Millworks Technologies IPO minimum market lot is 800 shares with ₹2,64,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 800 | ₹2,64,800 |
| Retail Maximum | 2 | 800 | ₹2,64,800 |
| S-HNI Minimum | 3 | 1,200 | ₹3,97,200 |
| S-HNI Maximum | 7 | 2,800 | ₹9,26,800 |
| B-HNI Minimum | 8 | 3,200 | ₹10,59,200 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 13,25,200 Shares | 27.36% |
| QIB (Ex. Anchor) | 8,84,000 Shares | 18.25% |
| NII Shares Offered | 6,63,600 Shares | 13.70 |
| Retail Shares Offered | 15,47,200 Shares | 31.94% |
Millworks Technologies IPO Anchor Investors
| Anchor Bidding Date | July 13, 2026 |
| Anchor Investors List | |
| Shares Offered | 13,25,200 Shares |
| Anchor Size | 43.86 Cr. |
| lock-in period end date 50% shares (30 Days) | Aug 16, 2026 |
| lock-in period end date 50% shares (90 Days) | Oct 15, 2026 |
Millworks Technologies IPO Dates
The Millworks Technologies IPO date is July 14 and the close date is July 16. The Millworks Technologies IPO allotment will be finalized on July 17 and the IPO listing on July 21.
| IPO Open Date: | July 14, 2026 |
| IPO Close Date: | July 16, 2026 |
| Basis of Allotment: | July 17, 2026 |
| Refunds: | July 20, 2026 |
| Credit to Demat Account: | July 20, 2026 |
| IPO Listing Date: | July 21, 2026 |
Promoters and Holding Pattern
The promoters of the company are Sridhar Acharya, H K Madhu, Sowmya Madhu and Rashmi Sridhar Acharya.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,27,70,755 | 65.08% |
| Promoter Holding Post Issue | 1,76,14,755 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding capital expenditure of our company to purchase Plant and Machinery | ₹61.03 |
| Funding the working capital requirements of the company | ₹87.00 |
| General Corporate Purpose | ₹- |
About Millworks Technologies IPO
Millworks Technologies Ltd. is one of the leading engineering companies that designs High-accuracy machined components, Sheet metal parts, and Integrated assemblies serving railways, aerospace, defence, and semiconductor industries. The firm manufactures its products in various ways as per the customer’s needs.
It manufactures parts using the customer’s design (Build-to-Print) as well as the customer’s specifications (Build-to-Spec), managing the complete manufacturing process from start to finish. The firm runs 4 advanced manufacturing facilities in Bengaluru, Karnataka. Its manufacturing facility is equipped with CNC machining centers (3-axis, 4-axis, and 5-axis), CNC turning and turn-mill centers, wire EDM machines, fibre laser cutting systems, CNC press brakes, welding stations, and dedicated assembly, making it an integrated unit.
Millworks Technologies IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹9.40 | ₹7.02 | ₹1.95 | ₹10.54 |
| 2025 | ₹22.42 | ₹15.33 | ₹5.25 | ₹39.82 |
| 2026 | ₹153.40 | ₹103.10 | ₹37.06 | ₹198.37 |
Millworks Technologies IPO Valuation – FY2026
Check Millworks Technologies IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 69.94% |
| ROCE: | 56.44% |
| EBITDA Margin: | 36.71% |
| PAT Margin: | 24.91% |
| Debt to equity ratio: | 0.21 |
| Earning Per Share (EPS): | ₹30.67 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 44.83% |
| Net Asset Value (NAV): | ₹64.73 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Unimech Aerospace and Manufacturing Ltd | 12.44 | 87.87 | 8.58% | 144.99 | 287.46 Cr. |
| Azad Engineering Ltd | 20.57 | 96.45 | 8.74% | 236.74 | 648.63 Cr. |
IPO Lead Managers aka Merchant Bankers
- GYR Capital Advisors Pvt. Ltd.
Company Address
Millworks Technologies Ltd.
No.458/1, 10th a Cross, Phase-4,
Peenya Industrial Area, Peenya Small Industries
Bangalore Urban, Karnataka, 560058
Phone: +91 9187045959
Email: [email protected]
Website: https://millworksindia.com/
IPO Registrar
Purva Sharegistry (India) Pvt. Ltd.
Phone: 022-41343255
Email: [email protected]
Website: https://www.purvashare.com/investor-service/ipo-query
Millworks Technologies IPO FAQs
What is Millworks Technologies IPO?
When Millworks Technologies IPO will open for subscription?
What is Millworks Technologies IPO Investors Portion?
How to Apply the Millworks Technologies IPO?
What is Millworks Technologies IPO Issue Size?
What is Millworks Technologies IPO Price Band?
What is Millworks Technologies IPO Lot Size?
What is the Millworks Technologies IPO Allotment Date?
What is the Millworks Technologies IPO Listing Date?
Note: The Millworks Technologies IPO price band and date are officially announced. The (Millworks Technologies IPO grey market premium) will be added to the IPO GMP page as it will start).
12 Responses
Hi Jagat Bhai
What is the method of allotments in the SME Segment? I applied for more than 100 IPO but did not receive a single one.
Sme hamare jaise logo ka nahi nikalta sab setting hoti hai upper tak
This Ipo all reports real and profit is real or Dammy.